LODGING Staff - 10 Minutes News for Hoteliers - Page 17

Sheraton hotel building on a hillside under a blue sky with palm trees in foreground

1 min

Remington Hospitality Adds Sheraton Mission Valley San Diego to Portfolio, Plans Hyatt Regency Conversion After Renovation

🏨 Remington Hospitality expands its portfolio with the Sheraton Mission Valley San Diego Hotel in Dallas, Texas. The 14-story hotel, featuring 260 rooms, is scheduled for a major renovation and rebranding as a Hyatt Regency by the year's end. The property offers over 10,000 square feet of meeting space, a business center, fitness center, and more. Positioned near San Diego International Airport and attractions like SeaWorld and the San Diego Zoo, it promises strong long-term success.

Exterior view of LivSmart Studios by Hilton, a modern four-story hotel at dusk with lit windows and a covered entrance.

2 min

LivSmart Studios by Hilton Opens Fourth Location in Pensacola, Owned by 3H Group and Managed by LBA Hospitality

🏨 LivSmart Studios by Hilton Pensacola I-10 North Davis Highway opened in Pensacola, Florida, offering long-stay accommodation. Owned by 3H Group and managed by LBA Hospitality, this is their second LivSmart Studios property. Amenities include fully equipped kitchens, free breakfast, WiFi, parking, a fitness center, and pet-friendly options. Located near I-10, it provides access to Pensacola International Airport and local attractions. General Manager Cody Beck leads with Dual Sales Manager Shayla Fisher. Huntsville, Alabama, is the next opening.

Luxurious hotel lobby with marble floors, a white reception desk, and seating area under cloud-shaped pendant lights.

2 min

Driftwood Capital Highlights Resilience of Hotel Credit with Lower Delinquency Rates Compared to Office and Multifamily Sectors

🏨 Driftwood Capital, based in Miami, highlights the resilience of hotel real estate credit amid a $265 billion selloff in alternative-asset markets. Despite a 47.5% RevPAR drop in 2020, 76% of maturing lodging CMBS loans were repaid on time (2020-2025), outperforming office (60%) and mixed-use (54%). Lodging delinquency is 6.5%, lower than office (11.7%) and multifamily (7.7%). Hotel supply growth in top markets decreased to 1.0-1.3% from 2.0-2.5% pre-pandemic.

Chrome hotel reception bell on a dark base resting on a wooden counter with a blurred lobby background. Frequented by front desk staff to call for attention.

1 min

LivAway Suites Opens Fourth Arizona Property in Tucson, Expanding Nationwide with 21 Locations Under Development

🏨 LivAway Suites opened a new property in Tucson, Arizona, its fourth in the state. With 21 more locations nationwide, it offers extended-stay amenities like full kitchens, free Wi-Fi, and fitness centers. The Tucson hotel is near key locations such as Davis-Monthan Air Force Base and the University of Arizona. Dan Barrett, Chief Development Officer, emphasized the brand's commitment to functionality and value. LivAway's expansion highlights growing demand for affordable extended stays.

Exterior view of a My Place hotel with stone columns, blue siding, and a covered entry on a sunny day

1 min

CooperWynn Capital Secures $4.875 Million Refinancing for 64-Room My Place Hotel in Midland, Texas

🏨 CooperWynn Capital secured a $4.875 million cash-out refinancing for My Place Hotel-Midland, TX, benefiting owner Dustin Campbell. The three-story, 64-room hotel, opened in November 2020 and situated in Midland, offers in-room kitchens for extended-stay business travelers. The deal, with a national CMBS lender, provides a five-year fixed-rate, non-recourse debt. The refinancing action enables capital redeployment amidst fluctuating market conditions and an enduring demand driven by the oil and gas sector in the Permian Basin.

Hotel room door with key tag reading 206, blurred bedroom and lamp in the background.

2 min

AHLA Foundation's No Room for Trafficking Fund Reaches $10 Million, Boosting Anti-Trafficking Grants by 30%

🚨 The AHLA Foundation held its annual No Room for Trafficking Summit in Washington, D.C., coinciding with the UN’s World Day Against Trafficking in Persons. The NRFT Survivor Fund reached $10 million, with $5 million in matching funds from the foundation. Since 2023, over $3 million has been awarded to anti-trafficking organizations. The 2026 grantees span across the U.S., with key funding from major hotel groups including Hilton and Marriott, aiming to enhance survivor support and prevention efforts.

Two business professionals shake hands in a bright office, symbolizing a partnership or agreement.

2 min

Valor Hospitality Partners Launches in Mississippi, Managing Eight Hotels with Bellamare Development Partnership

💼 Valor Hospitality Partners launches in Mississippi through a strategic partnership with Bellamare Development, managing eight hotels with 685 rooms. This collaboration designates Valor as Bellamare’s preferred operating partner for projects across the Americas. Valor will provide management and operations solutions, enhancing hotel performance and guest experiences. The partnership aims to create long-term asset value as part of Bellamare's expansion.

Hotel room with two neatly made beds, nightstands, and wall lamps; window with sheer curtains in the background.

1 min

Hampton Inn & Suites by Hilton Berkshires-Lenox Completes Renovation, Expands to 85 Rooms with New Kitchenette Suites

🏨 Hampton Inn & Suites by Hilton Berkshires-Lenox in Lenox, Massachusetts, has completed a renovation of its 85-room hotel. Located near attractions like Tanglewood Music Center and The Mount, the property boasts updated guestrooms, new kitchenette suites, and refreshed public spaces. The pet-friendly hotel offers complimentary WiFi, an indoor pool, a 960 sq. ft. meeting room, free hot breakfast, a 24/7 fitness center, and more, enhancing guest comfort and convenience.

Two professionals review printed charts and graphs on a desk, one pointing with a pen that emphasizes data insights.

4 min

Hyatt Hotels Reports Q2 2026 Net Income of $110 Million, 5.9% Increase in Comparable RevPAR

📈 Hyatt Hotels Corporation's Q2 2026 results: RevPAR increased by 5.9%, while all-inclusive resorts' RevPAR decreased by 1.2%. Net rooms grew 3.9%. The pipeline rose by 10% to 154,000 rooms. Diluted EPS was $1.14, and net income was $110 million. Gross fees reached $324 million, up 7.8%. 62,605 shares repurchased for $12 million. Total debt at $4.3 billion and liquidity at $2.1 billion. Opened 3,585 rooms, including notable international expansions.

Modern glass office tower with a cantilevered upper floor at a busy street corner, pedestrians and cars nearby.

1 min

White Lodging to Break Ground on 295-Room Autograph Collection Hotel in Charlotte's South End This Month

🏨 White Lodging will begin construction this month on a new Autograph Collection hotel in Charlotte’s South End, marking their fifth such property. This luxury hotel will feature 295 rooms, 10,000 square feet of meeting space, and a fifth-floor open-air pool deck with various wellness amenities. Set to open in late 2028, it will be the first full-service lifestyle hotel in South End, aiming to connect with the neighborhood’s vibrant energy.

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